US Dollar Index Working its Way To 101.30
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US Dollar Index Working its Way To 101.30

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Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-There is no change to the DXY comments - still looking for that channel although the current level (12/14 and 1/12 lows) is classified as minor resistance. "The buck has turned up after piercing the December ECB low. If a broader decline is underway, then resistance probably needs to register (again) near the channel line that has been resistance and support since Brexit."

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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